Microfluidic Devices Market Is Expected to Grow at a CAGR of 19.7% in Terms of Value by 2024

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Pune, India — 11/24/2017 — Microfluidic devices market information, by industry (in-vitro diagnostics, pharmaceutical, medical devices), by material (polymer, glass, silicon), by application (clinical and veterinary diagnostics, point of care, analytical devices, drug delivery, environmental and industrial applications) – Forecast to 2024

Market Synopsis of Microfluidic Devices Market:

Market Scenario:

Globally Microfluidic Devices Market is expected to grow at the rate of about 19.7% from 2016 to 2024.

Globally, the market for microfluidic devices is gaining significant importance due to growing R&D investment in life sciences, pharmaceuticals, and increasing point of care testing demand. An increase in point of care testing, as an effective method for delivery of treatment, has also led to increase in the demand for microfluidic devices in the global market. Some other factors driving the microfluidic devices market are rise in the commercial and analytical application of these devices and use of microfluidic products for miniaturization of chip. Globally the market for Microfluidic devices is increasing rapidly.

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Key Players for Microfluidic Devices Market:

Some of the key players in this market are: Abbott, Agilent technologies, Inc, Bio-Rad Laboratories, Inc., Cepheid, Dolomite Centre, F. Hoffmann-La Roche AG, Fluidigm Corporation, Micronit microfluidics, Raindance Technologies, Inc, Siemens Healthcare GmbH and others.

Key Finding
– The Microfluidic devices global market and is expected to reach $13,244.50 million by 2024.
– On the basis of industry, in-vitro diagnostics industry holds the largest share of 50.6% of the market.
– On the basis of material, Polymer segment commands maximum share of microfluidic devices market in 2015 and is expected to reach at $6,135.4 million by 2024

Segments:

Microfluidic devices market has been segmented on the basis of industry which comprises of in-vitro diagnostics, pharmaceutical, medical devices. On the materials, market is segmented into polymer, glass, silicon. On the basis of application, market is segmented into clinical and veterinary diagnostics, point of care, analytical devices, drug delivery, environmental and industrial applications.

Regional Analysis of Microfluidic Devices Market:

Globally North America is the largest market for Microfluidic devices in 2015. Europe is the second-largest market and is expected to be the fastest growing region during the forecasted period. Furthermore Asian Market for microfluidic devices is expected to grow at the CAGR of 22.6% during the forecasted period.

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List of Tables

Table 2 Impact Analysis Of Drivers On Overall Market Growth 17

Table 3 Impact Analysis Of Restraints On Overall Market Growth 18

Table 2 Global Microfluidic Devices Market, By Industry, 2014-2024 (Usd Million) 24

Table 3 Global Microfluidic Devices For In-Vitro Diagnostics Market, By Region, 2014-2024 (Usd Million) 25

Table 4 Global Microfluidic Devices Market For Pharmaceutical Industry, By Region, 2014-2027 (Usd Million) 27

Table 5 Global Pharmaceutical Microfluidic Devices Market, By Type, 2014-2024 (Usd Million) 28

Table 6 Global Microfluidic Devices Market, By Industry: Medical Devices, By Region, 2014-2024 (Usd Million) 29

Table 7 Global Microfluidic Devices Market, By Industry: Medical Devices Market, By Type, 2014-2024 (Usd Million) 31

Table 8 Global Microfluidic Devices Market, By Material, 2014-2024 (Usd Million) 33

Table 9 Global Polymer Microfluidic Devices Market, By Region, 2014-2024 (Usd Million) 34

Table 10 Global Glass Microfluidic Devices Market, By Region, 2014-2027 (Usd Million) 36

Table 11 Global Silicon Microfluidic Market, By Region, 2014-2024 (Usd Million) 37

Table 12 Global Microfluidic Devices Market, By Application, 2014-2024 (Usd Million) 39

Table 13 Global Microfluidic Devices For Pharmaceutical And Life Science Research, By Region, 2014-2024 (Usd Million) 40

Table 14 Global Microfluidic Devices For Clinical And Veterinary Disgnostic, By Region, 2014-2027 (Usd Million) 41

Table 15 Global Point Of Care Microfluidic Devices Market, By Region, 2014-2024 (Usd Million) 42

Table 16 Global Microfluidic Devices: Analytical Devices, By Region, 2014-2024 (Usd Million) 42

Table 17 Global Microfluidic Devices For Drug Delivery, By Region, 2014-2024 (Usd Million) 43

Table 18 Global Microfluidic Devices Market For Environmental And Industrial Applications, By Region, 2014-2024 (Usd Million) 44

Table 19 Global Microfluidic Devices Market, By Region, 2014-2027 (Usd Million) 46

Table 20 North America Microfluidic Devices Market, By Country, 2014-2024 (Usd Million) 48

Table 21 North America Microfluidic Devices Market, By Indystry, 2014-2024 (Usd Million) 48

Table 22 North America Microfluidic Devices Market, By Material, 2014-2024 (Usd Million) 50

Table 23 North America Microfluidic Devices Market, By Application, 2014-2027 (Usd Million) 51

Table 24 Europe Microfluidic Devices Market, By Country, 2014-2024 (Usd Million) 53

Table 25 Europe Microfluidic Devices Market, By Indystry, 2014-2024 (Usd Million) 54

Table 26 Europe Microfluidic Devices Market, By Material, 2014-2024 (Usd Million) 55

Table 27 Europe Microfluidic Devices Market, By Application, 2014-2027 (Usd Million) 56

Table 28 Asia Microfluidic Devices Market, By Country, 2014-2024 (Usd Million) 58

Table 29 Asia Microfluidic Devices Market, By Indystry, 2014-2024 (Usd Million) 59

Table 30 Asia Microfluidic Devices Market, By Material, 2014-2024 (Usd Million) 60

Table 31 Asia Microfluidic Devices Market, By Application, 2014-2027 (Usd Million) 61

The report for Microfluidic Devices market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.

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We are thankful for the support and assistance from Microfluidic devices Market Research Report- Global Forecast To 2024 chain related technical experts and marketing experts during Research Team survey and interviews.

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